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Their entry parameters have a historical edge that gives them a real probability of profitability.
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They are profitable becasue their winning trades are bigger than their losing trades over long periods of time. This is either due to a high winning percentage or really big wins when they are right.
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The successful traders know how to exit with a profit while it is still there.
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Successful traders are not stubborn they flow with the market price action.
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Successful traders winning trades can be as big as the trend will allow but their losses are strictly limited to a very small percent of their trading capital.
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Traders that trade the math and not their emotions are the ones that make money in the markets.
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The traders that limit their total risk exposure at any time do better over the long term. Big draw downs are very difficult to come back from.
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The successful traders have mastered a specific trading style and method that fits their personality and risk tolerance levels.
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It is difficult to be a great trader if you do not enjoy the trading game, the best traders love what they do.
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Successful traders have done their homework and put in the thousands of hours it takes to know what to do.
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Profitable traders focus on the price action not gurus or talking heads on television.
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Successful traders have quantified entries and exits, everything is planned.